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☆ Australia nears social media ban for children under 16 after heated debate
▼ + stars: | 2024-11-27 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +4 min

The planned law would force social media platforms to take reasonable steps to ensure age-verification protections are in place. The ban was first announced during an emotionally charged parliamentary inquiry into social media, which included testimony from parents of children who had self-harmed due to cyberbullying. “I understand that using social media a lot is not a good thing and I’m working on it,” said Sydney high school student Enie Lam, 16. Australian media, from the publicly owned Australian Broadcasting Corp. to Rupert Murdoch’s News Corp., also support the ban. Let’s try and reduce the incidents we’re hearing involved with social media and young people in Australia.”

Persons: Meta, Anthony Albanese’s, Albanese, “ Young, ”, Sen, Karen Grogan, ByteDance’s TikTok, Elon Musk’s X, Enie Lam, Rupert, “, Jenny Branch, Allen, Let’s Organizations: Australia —, Google, Facebook, Labor, Sydney, Senate, Greens, Human Rights Commission, Australian Broadcasting Corp, Rupert Murdoch’s News Corp, News Corp, country’s, Australian Parents Council Locations: SYDNEY, Australia, Australia — Australia

☆ Supporters of Pakistan’s Imran Khan call off protest, local media says
▼ + stars: | 2024-11-27 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +2 min

ISLAMABAD, Pakistan — Former Pakistani Prime Minister Imran Khan’s party suspended street protests demanding his release from jail after a sweeping midnight raid by security forces in the capital, Islamabad, in which hundreds of people were arrested, local media reported Wednesday. On Wednesday morning, city workers were cleaning up debris and clearing some of the shipping containers that had blocked roads around the capital. PTI had planned on staging a sit-in in the red zone until the release of Khan, who has been in jail since August last year. PTI’s president for the city of Peshawar in the party’s northern stronghold of Khyber Pakhtunkhwa province said the party had called off the protest. He said that Bushra Bibi as well as Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur, a key Khan ally, had returned “safely” to the province from the capital.

Persons: Imran Khan’s, Khan’s, Bushra Bibi, Khan, ” Mohammad Asim, Ali Amin Gandapur, “ Organizations: Former Pakistani, Geo, PTI, Geo News, Reuters Locations: ISLAMABAD, Pakistan, Islamabad, Peshawar, Khyber Pakhtunkhwa

☆ Assault trial for man accused in wrong-door shooting of Ralph Yarl moves forward
▼ + stars: | 2024-11-27 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | Dennis Romero | ) www.nbcnews.com time to read: +3 min

Prosecution of an 86-year-old white man charged in the wrong-door injury shooting of a Black teenager in Kansas City, Missouri, last year will move forward, a judge indicated Tuesday. Cleo Nagbe, mother of Ralph Yarl, said the teen's family is pleased the case remained on schedule. “The family of Ralph Yarl is grateful that the trial against Andrew Lester is moving forward,” she said in a statement sent to NBC affiliate KSHB of Kansas City, Missouri. After the shooting, Yarl sought help from the residents of neighboring homes, his family's lawyers said, and was eventually hospitalized. If Lester is successfully prosecuted on the assault charge, he faces a maximum sentence of life in prison.

Persons: Andrew Lester, David P, Chamberlain, hasn't, Cleo Nagbe, Ralph Yarl, ”, Ralph, Lester, Yarl, Gwyneth Paltrow, Halle Berry, Chrissy Teigen, Kim Kardashian, Viola Davis, “, he's Organizations: NBC, Street, Northeast 115th Locations: Kansas City , Missouri, Clay, Northeast

☆ It’s the world’s largest building shaped like a chicken. It’s also a hotel
▼ + stars: | 2024-11-27 | by ( Kathleen Magramo | ) edition.cnn.com time to read: +3 min

CNN —Travelers to the Philippines can now book a room in the world’s largest building shaped like a chicken, located in the country’s remote highlands. No, you’re not expected to bed down on top of a pile of straw in a chicken coop. The towering six-story building stands nearly 35 meters (over 114 feet) tall and has 15 rooms, all equipped with air-conditioning. Located atop the hills of Campuestohan Highland Resort on the island of Negros Occidental, the new landmark was officially given the Guinness World Record title for being the largest building in the shape of a chicken on September 8. The massive rooster can be found at the Campuestohan Highland Resort in Negros Occidental, Philippines.

Persons: you’re, –, Ricardo Cano Gwapo Tan, ” Tan, ”, “, Tan, Misa de Gallo, Anita Organizations: CNN, Travelers, Negros Occidental, Silay Locations: Philippines, Negros Occidental, Negros . Cockfighting, Thailand, Indonesia, India, Negros, Manila, Cebu, Bacolod

An appeals court on Tuesday agreed to dismiss charges related to Donald Trump’s alleged mishandling of classified documents, effectively ending Special Counsel Jack Smith's prosecution of Trump. A spokesperson for Smith’s office declined to comment. Federal prosecutors in August had asked the U.S. Court of Appeals for the Eleventh Circuit to restore the case. The two remaining criminal cases, the New York case involving hush money payments and a Georgia election interference case, are also in limbo. A New York judge ruled last week postponed Trump's sentencing in that case which was previously scheduled for Nov. 26.

Persons: Donald Trump’s, Jack Smith's, Trump, Tanya Chutkan, Aileen Cannon, Trump —, can’t, Smith, Stormy Daniels, Fani Willis, Willis Organizations: Trump, U.S, U.S ., Appeals, Eleventh Circuit, Department, NBC News Locations: Lago, Florida, York, Georgia, New York, Fulton County

Vice President Kamala Harris, on the other hand, underperformed by about 6.8 million votes compared with Joe Biden in 2020, according to CNN election results as of November 25. The other came in 2012, when about 2.2 million fewer votes were cast than in 2008. Harris got fewer votes than Biden in 45 of the 50 states and Washington, DC. But Harris lost votes compared with Biden across the country. Trump made gains across the seven battleground states in particular, but they weren’t limited to places with higher turnout.

Persons: Donald Trump, Kamala Harris, Joe Biden, –, Harris, Trump, Biden Organizations: CNN, Republican, Democratic, Electoral, Trump, Biden Locations: Washington, DC, California , New York, Florida, Texas , Florida, New York, New Jersey, Massachusetts, Wisconsin , Georgia, North Carolina, Nevada, . Pennsylvania, Michigan, Pennsylvania , Wisconsin, Southern California, Northeast, Georgia, Utah, Michigan , Wisconsin, Pennsylvania

☆ How Jared Goff hitting rock bottom became his and the Detroit Lions’ salvation
▼ + stars: | 2024-11-27 | by ( Michael Silver | ) www.nytimes.com time to read: +25 min

Summoned to Detroit Lions coach Dan Campbell’s office on a late-October Tuesday in 2022, Goff feared the worst, and with good reason. And he’d done it in his first season with Matthew Stafford, the Lions’ longtime starting quarterback who’d been swapped out for Goff. AdvertisementIn May, the Lions signed Goff to a four-year, $212 million contract extension, with $170 million guaranteed. AdvertisementIn the lead-up to the game, Goff tried hard not to make the story about him. We’re f—ing different than all 31 in this league.”We found a way pic.twitter.com/lzSSpJVMfM — Detroit Lions (@Lions) November 11, 2024Later, Goff harkened back to the trying times he, many of his teammates and their coaches have experienced together, and the resolve it fostered.

Persons: Jared Goff, Goff, Dan Campbell’s, he’d, Campbell, Tom Brady, Sean McVay, who’d, Matthew Stafford, “, ”, “ I’m, I’ve, ” Goff, “ I’ve, I’m, ” Campbell, “ Jared, Long, Dan, Brad Holmes, we’d, Sheila Ford Hamp, Holmes, Max Verstappen’s, Lamar Jackson, Josh Allen, Saquon Barkley, Derrick Henry, “ Jared Goff, Brandon Staley, Gus Bradley, Raheem Morris, Staley, Bradley, Ben Johnson, Johnson, Jared, we’ve, Jared Goff’s, Ryan Kang, he’s “, hadn’t broached, ” Johnson, ‘, Brock Wright, Tim Patrick, Darnell Savage, Wright, Savage, Patrick —, Goff alertly, “ It’s, Jackson, Allen, Patrick Mahomes, Goff can’t, McVay, —, ‘ He’s, Abbie Parr, Stafford, McVay —, Andrew Whitworth, Holmes — who’d, Holmes ’, Dan Campbell, Christen, that’s, Aaron Rodgers ’, Rey Del, …, Let’s, ’ ” Said Christen Goff, It’s, Goff sidled, Amon, Ra St, Brown, Jared Goff ”, it’s, ” Christen Goff, Holly, doesn’t, ” Jared Goff, Cooper Neill, San Francisco, Goff —, Jake Bates ’, Kendrick Lamar, Goff harkened, somebody’s head’s Organizations: Detroit Lions, Dallas Cowboys, Lions, Super, mojo, Los Angeles Rams, Lions ’, Chicago Bears, Miami Dolphins, Red Bull, San Francisco 49ers, Rams, Indianapolis Colts, Atlanta Falcons, Cal, Jacksonville Jaguars, Savage, New England Patriots, NFL, Getty, Stafford, Cincinnati Bengals, Seattle Seahawks, Lambeau, NFC, Green Bay Packers, Packers, Rey Del Rio, Ford Field, Scoop, Tampa Bay Buccaneers, University of Michigan hockey, Grand Rapids Griffins, Red Wings, Pistons, Green, Area, Detroit, 49ers, Levi’s, Ford, Golden Bears, Oregon, Houston Texans, Sunday, Chiefs, Eagles, Ravens Locations: ALLEN, Mich, —, Bloomfield Hills, Motor City, L.A, ’, Calif, Cabo San Lucas, Mexico, Detroit, SoFi, Stafford, ”, Michigan, Italy, Green Bay, California

☆ 10 things the Club is watching in the market Wednesday, including CrowdStrike, HP, Dell
▼ + stars: | 2024-11-27 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +4 min

CrowdStrike delivered a very good quarter after Tuesday's closing bell, with management raising its full-year outlook on sales, operating income, and earnings. Mortgage rates dropped last week, pushing home loans for purchases up 12% week over week and 52% year over year. Best Buy shares were steady Wednesday morning after their nearly 5% post-earnings drop in the previous session. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

Persons: CrowdStrike, Wells, Donald Trump, Kevin Hassett, Hassett, Stanley Black, Decker, Jim Cramer, We're, — CNBC's Zev Fima, Jim Cramer's, Jim Organizations: Dow, Nasdaq, Street, RBC, Dell, HP, Wall Street, National Economic Council, of Economic Advisers, Apple, Financial Times, Citi, holding's, Disney, Comcast's Universal, Paramount, Comcast, NBC Universal, CNBC, Jim Cramer's Charitable Locations: Wells Fargo, China

☆ Kohl's vows 'aggressive action' to reverse sliding sales following a 'frankly disappointing' quarter
▼ + stars: | 2024-11-27 | by ( Maria Noyen | ) www.businessinsider.com time to read: +3 min

Apparel and footwear sales struggled despite strong performances for Sephora and other categories. Growth in revenue from beauty sales at Sephora was one of the few rays of hope. Kohl's continues to fight an uphill battle after sales tumbled following missed opportunities, a decline in footfall, and an overreliance on its partnership with Sephora. "We are not satisfied with our performance and are taking aggressive action to reverse the sales declines," he said. Earlier this week Kohl's said Kingsbury would step down on January 15 after two years in the role.

Persons: Kohl's, Tom Kingsbury, Kingsbury, Ashley Buchanan, Kinsbury, Lexie Moreland, Claudia D'Arpizio, Bain, D'Arpizio Organizations: Sephora, WWD, Penske Media, Getty Locations: Sephora, footfall

☆ On Thanksgiving 30 years ago, I gave up turkey and haven’t looked back
▼ + stars: | 2024-11-27 | by ( David Allan | Essay David G. Allan | ) edition.cnn.com time to read: +6 min

CNN —At a Thanksgiving gathering three decades ago, I went cold turkey on eating meat. “To quote George Bernard Shaw,” I announced, “‘Animals are my friends, and I don’t eat my friends.’”No one else made a toast. And over the past three decades, vegetarian options on restaurant menus have grown alongside my palate. The world is getting more culinarily progressiveBefore I got married, my in-laws thought I was a little odd for not eating meat. “I eat very little meat,” I’ve heard thousands of times after I say I’m vegetarian.

Persons: I’m, George Bernard Shaw, ”, ’, nonvegetarians, vegans, fruitarians, hasn’t, ” I’ve Organizations: CNN Locations: Mongolia, Maryland

☆ TikTok's obsession with matcha has created a reported shortage of the tea in Japan
▼ + stars: | 2024-11-27 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +4 min

TikTok's obsession with matcha has appeared to create a shortage of the tea in Japan. TikTok's most popular tea brands appear to be hit hard. Kanaike's shop announced limits on online matcha purchases because of the shortage, she told the outlet earlier this month. Marukyu Koyamaen and TikTok did not immediately return requests for comment from Business Insider about the reported matcha shortage. One TikTok video shows a sign at a Japanese matcha shop that says the shop sold too much in the summer months and "ran out of raw materials."

Persons: matcha, Megumi Kanaike, Kanaike's, Marukyu, Zach Mangan, TikTok, Kithumini Organizations: Matcha, Guardian, Sydney Morning Herald, Business Locations: Japan, Sydney, Kyoto, Brooklyn, Tokyo

☆ Tesla and BYD are gearing up for another round in China's brutal EV battle
▼ + stars: | 2024-11-27 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

BYD is asking suppliers to cut prices and Tesla is rolling out more discounts. The price war is putting some smaller Chinese players under financial pressure. BYD and Tesla have been playing a game of how-low-can-you-go on EV prices in China for the past year, and they don't seem to be slowing down anytime soon. The rivals are asking suppliers to cut prices and rolling out discounts as they prepare for another round in an ongoing EV battle. Elon Musk's automaker kicked off China's EV price war last April, and is attempting to boost sales as it seeks to deliver a record number of cars this year.

Persons: Tesla, Li Yunfei, Aly, BYD, Elon Organizations: Bloomberg, Weibo, Tesla, REUTERS, Elon Musk's, Business Locations: China, Shanghai

☆ Pharma giant Sanofi opens $595 million vaccine facility in Singapore to boost preparedness for potential pandemics
▼ + stars: | 2024-11-27 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

A Sanofi logo sits on the facade of the company's headquarters on December 11, 2020 in Gentilly near Paris, France. SINGAPORE — French pharmaceutical giant Sanofi on Wednesday opened a 800 million Singapore dollar ($595 million) "evolutive vaccine facility," or EVF, in Singapore — the only such facility the company has outside of France. The facility will contribute about 200 jobs to the city-state, including bioprocess engineers, automation specialists and data analysts, and will be fully operational by mid-2026. Sanofi said in a release that the facility holds the potential to significantly bolster pandemic preparedness. "By establishing the groundwork for crucial production modules now, Modulus can ensure a swift and targeted response to any future health needs, including potential pandemics," the company said.

Persons: Sanofi Organizations: Sanofi, Wednesday, Singapore, Singapore — Locations: Gentilly, Paris, France, SINGAPORE, Singapore

The yellow arrow and palm trees may not be as globally recognizable as McDonald's golden arches, but California-based burger chain In-N-Out Burger has still managed to amass a cult following with its "animal-style" fries and double-double burgers. It brings in an estimated $2.1 billion a year, according to food service consulting firm Technomic. He adds that the chain has the highest sales per store in the burger segment. Despite inflation, the price of a basic burger at In-N-Out has only increased by 25% since 2020 — the lowest increase amongst nine burger joints studied by Technomic. Learn how to earn passive income online, master your money, ace your job interview and salary negotiations, and become an effective communicator.

Persons: Burger, Harry, Esther Snyder, Kevin Schimpf, it's, Esther's, Lynsi Snyder, Stacy Perman, Perman Organizations: Technomic, Forbes, CNBC Locations: California, Baldwin Park , California, U.S

Some of the very best menswear deals include sitewide sales at Bonobos, Todd Snyder, and Everlane. You'll also find iconic brands like Ralph Lauren, Timberland, and The North Face with deep discounts on a wide range of items. The best Black Friday deals on shirts, sweaters, hoodies, and blazersThis Black Friday, we're seeing amazing deals on all sorts of tops. Additionally, you'll find many deals on the best men's jeans from brands like Todd Snyder, Abercrombie, and Levi's. View at BonobosBonobos Gramercy Premium Jeans $104.30 $149.00 Save 30% Yes, Bonobos does jeans as well as they do chinos.

Persons: There's, Todd Snyder, You'll, Ralph Lauren, Timberland, Tommy John's, Bonobos, Todd Snyder Ralph Lauren Polo, Ralph Lauren Polo Bear, Ralph Lauren Ralph Lauren, Ralph Lauren Ralph Lauren Big, Lauren, Ralph Lauren Ralph Lauren Loopback, Ralph Lauren Bonobos, you'll, Abercrombie, Fitch, Jean, Amir Ismael, We've, Todd Snyder Todd Snyder, Allbirds Organizations: Business, Todd Snyder Luxe, Montauk Polo, Fleece, Black, Abercrombie, Abercrombie & Fitch, Chino, luxe, Adidas, Nike, Tree Locations: chino, Columbia

☆ What’s open and closed on Thanksgiving Day 2024
▼ + stars: | 2024-11-27 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

Editor’s Note: Get a street-side view of the biggest Thanksgiving Day parades around the country. Watch ‘Thanksgiving in America’ on CNN and CNN Max on Thursday, November 28 at 8 a.m. New York CNN —Many Americans spend Thanksgiving with their loved ones over a home-cooked meal. Postal servicesDon’t expect any packages on Thanksgiving Day. Limited UPS stores will be open.

Persons: CNN Max, Brian Cornell, Nordstrom, Kohl’s, Tom Thumb Organizations: CNN, America ’, New, New York CNN, Turkey, Walmart, Albertsons Companies – Safeway, Albertsons, ACME, Aldi, Costco, Nasdaq, New York Stock Exchange, US Postal Service, UPS, FedEx, Limited Locations: New York, Chicago, Houston, America

☆ I tried 3 leftover turkey recipes, and I'd cook a whole bird just to remake the soup again
▼ + stars: | 2024-11-27 | by ( Terri Peters | ) www.businessinsider.com time to read: 1 min

AdvertisementIn preparation for Thanksgiving, I looked for good ways to use up leftover turkey breast. I made a Thanksgiving-leftover sandwich but found it took more effort than it was worth. Each Thanksgiving, I cook a full family meal and have lots of leftover turkey in my fridge. I tried making dishes with varying levels of difficulty to find the best leftover turkey recipes. I opted to make a Thanksgiving-leftover sandwich, turkey salad, and soup with slices of leftover roasted 4-pound turkey breast.

☆ Dell's AI business is booming, but shares plunged after it cut its revenue outlook
▼ + stars: | 2024-11-27 | by ( Polly Thompson | ) www.businessinsider.com time to read: +2 min

Revenues jumped 34% in Dell's ISG division, which includes the company's AI operations. But a lower-than-expected fourth quarter outlook drove Dell's shares down 12% in premarket trading. The biggest success story came from Dell's Infrastructure Solutions Group, which includes sales of AI servers, storage, and other network capabilities. Despite Dell's strong positioning in AI-related technologies, the company's shares were down as much as 12% in premarket trading after its final quarter revenue outlook fell below Wall Street expectations. Dell shipped $2.9 billion in AI servers during the quarter, and the company said that customers had booked $3.6 billion of future AI server orders.

Persons: Dell, Dell's, Jeff Clarke, Elon Musk's Organizations: Dell's Infrastructure Solutions Group, Analysts, CSG, Nvidia, Elon Locations: Dell's ISG, Texas

☆ U.S., China and more: Value investor reveals what to buy as Trump tariffs loom
▼ + stars: | 2024-11-27 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

News that U.S. President-elect Donald Trump's plans to hike tariffs on imports from China, Canada and Mexico sent ripples across global markets Tuesday. Asian markets traded broadly lower , but Chinese stocks held up surprisingly well. Peter Boockvar, chief investment officer at the U.S.-headquartered Bleakley Financial Group, said China is better prepared to cope with tariffs than in 2016. Referencing the impact of the tariffs imposed by the Trump administration in 2016, Boockvar said it was "negative, not a benefit" in aggregate. 'A lot of value' Beyond the U.S., Boockvar said Asian markets including China, Japan, Singapore and Vietnam were offering "a lot of value."

Persons: Donald Trump's, Peter Boockvar, It's, CNBC's, Trump, Boockvar, Russell, Stocks, EQT Organizations: Bleakley Financial, Nvidia, Microsoft, Vegas Sands Corp, Melco Resorts & Entertainment, AIA, Hong Kong Stock Exchange Locations: China, Canada, Mexico, U.S, Japan, Singapore, Vietnam, Bay Sands, Asia, Europe

☆ CEO says his airline's all-Airbus fleet is a 'better alternative' as rivals struggle with Boeing blues and engine issues
▼ + stars: | 2024-11-27 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Its CEO told Bloomberg it benefited from engine choices and an all-Airbus fleet. CEO Johan Lundgren spoke to Bloomberg TV on Wednesday as easyJet reported blockbuster earnings. Related VideoThe European budget airline reported a record-breaking summer, with pre-tax profit up by one-third since last year to £610 million ($768.35 million). Earlier this month, Wizz reported its half-year net profit was down 21.3% to 315.2 million euros ($331.4 million). Lundgren told Bloomberg TV the airline had 16 deliveries this financial year rather than the 19 it expected.

Persons: Wizz, easyJet, Johan Lundgren, Lundgren, we've, Pratt & Whitney Organizations: Bloomberg, Airbus, Boeing, Ryanair, Pratt & Whitney, Bloomberg TV, Wizz, Europe's, Alaska Airlines, Pratt &, CFM

☆ BTIG notes baby back ribs are topping AI, as this restaurant stock outperforms Nvidia
▼ + stars: | 2024-11-27 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

It may be time to take profits on Brinker International and rotate into other restaurant stocks, according to BTIG. That's more than the year-to-date gains of AI chip darling Nvidia , which is up more than 176% this year. While BTIG has a neutral rating on Yum Brands, it has rated both Domino's Pizza and Darden Restaurants as a buy. For Domino's, 22 of the 35 analysts covering the pizza chain have a strong buy or buy rating, while 12 analysts have a hold rating, according to LSEG data. The remaining nine have a strong buy or buy rating.

Persons: Jonathan Krinsky, Brinker, Krinsky, BTIG Organizations: Brinker International, Darden, Yum Brands

Learn moreCoach's high-quality leather bags have all the style and craftsmanship you'd expect from a luxury designer bag with more accessible and down-to-earth pricing. Now, during Coach's Black Friday sale, you can score major discounts up to 50% off on many of the brand's classic and trendy designs. Whether you're on the hunt for a logo top-handle bag or leather loafers, the brand's Black Friday deals have something for everyone. Where to find the best Black Friday Coach dealsShopping for more discounts today? Check out our roundup of all of the best Black Friday deals

Organizations: Business

But investors see Bessent as a smart pick for Treasury secretary, and this sentiment sent bond yields — and therefore mortgage rates — lower. But mortgage rates are still elevated compared to where they've been in the last few months. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data. Mortgage rates are still elevated, but over time they should ease as the Fed lowers rates.

Persons: Scott Bessent, they've, Donald Trump's, Freddie Mac Organizations: Treasury, Mortgage Research Center, Mortgage, Zillow, ARM, Federal Housing Administration, Department of Veterans Affairs, Fed Locations: Chevron

☆ NFL star Rob Gronkowski wanted to 'go big' with his first investment at age 25: Now his Apple stock is worth more than $600,000
▼ + stars: | 2024-11-27 | by ( Nicolas Vega | ) www.cnbc.com time to read: +2 min

Rob Gronkowski has four Super Bowl rings to his name, but one of his biggest wins came off the field. urged him to invest in Apple, Gronkowski decided to give it a shot. At that point, Gronkowski cashed out his initial $69,000 investment and left the rest to grow. While his Apple investment paid off handsomely — the company's stock is up more than 1,000% since 2014 — Gronkowski didn't need the financial assist. The Super Bowl champion famously refused to spend his NFL paychecks, choosing instead to live off of his endorsement money.

Persons: Rob Gronkowski, Gronkowski, I'd, Pro Bowler, paychecks Organizations: Fortune, Patriots, Apple, NFL, Bowl, CNBC Locations: Foxborough, New England

☆ Patagonia's Restructuring Has Led to Employee Fallout
▼ + stars: | 2024-11-27 | by ( Polly Thompson | ) www.businessinsider.com time to read: +11 min

Patagonia's sales soared during the pandemic. A Patagonia spokesperson told BI that it uses less air freight now than it did before the pandemic. Related storiesThe Patagonia spokesperson said it had been tricky to navigate the demand for instant gratification. Adams recalled that at an event in about 2013 in Idaho, Chouinard seemed shocked at how large Patagonia's sales representatives' trucks were. Several people said the 72-hour deadline for CX employees was insufficient to make such a major life decision.

Persons: Yvon Chouinard, Chouinard, It's, Vincent Stanley, Alan Adams, Adams, Robert F, Campbell Brewer, —, Stanley, Nick Helmreich, Helmreich, who's Organizations: Patagonia, AP, Workers, Patagonia's, BI, Washington Post Locations: Patagonia, Montana , Wyoming, Alaska, California, Freeport , Maine, AP Patagonia, Idaho, Ventura , California, Reno , Nevada, Patagonia's Reno

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